Plan Snapshot
- Plan Sponsor: Seats Incorporated
- Sponsor EIN: 390847098
- Sponsor Address: 1515 INDUSTRIAL STREET, REEDSBURG, WI, 53959
- Plan Type: 401(k)
- Total Participants: 736
- Total Assets: $43.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 736 | $43.3M | $1.0M | $2.6M |
| 2023 | 820 | $38.6M | $1.1M | $2.6M |
| 2022 | 1,007 | $32.3M | $991,509 | $2.5M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY | Recordkeeper | $151,390 | — | $151,390 |
| HORNOR TOWNSEND & KENT LLC | Investment Advisor | — | $83,683 | $83,683 |
| PREMIER RETIREMENT PARTNERS | Other Service Provider | $11,952 | — | $11,952 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $247,025
- Estimated Expense Ratio: 0.570% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $163,342 | — | $11,952 | — | — |
| 2023 | $141,104 | — | $10,243 | — | — |
| 2022 | $136,823 | — | — | — | $136,823 |